World Bank Approves $150.75 Million to Boost Jobs for Bangladesh’s Youth

The World Bank has approved $150.75 million in financing to help Bangladesh scale up employment support and economic opportunities for low-income youth and microentrepreneurs, with a strong focus on women and climate-vulnerable communities.

According to the World Bank, the project aims to strengthen job creation through skills development, entrepreneurship support, and improved access to finance. Special emphasis will be placed on women-led enterprises and young people facing barriers to employment, particularly in regions increasingly affected by climate change.

The initiative is expected to enhance income generation, promote inclusive growth, and improve resilience among vulnerable populations. World Bank officials said the program aligns with Bangladesh’s development priorities by combining employment creation with climate adaptation and social inclusion.

Government officials welcomed the funding, noting that it would help expand opportunities for marginalized groups while supporting sustainable economic recovery and long-term workforce development.